PPP Loan information for Rocknes inc

$2,000,000

Rocknes inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/04/2021 by The Hometown Bank reported 267 jobs and $2,000,000 was used to fund payroll.

Rocknes inc is Existing or more than 2 years old

ROCKNES INC

Date Approved

02/04/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

ROCKNES INC

Borrower Address

6020 Rhodes Inc

Borrower City

Kent

Borrower State

OH

Borrower Zip

44240

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86390

Servicing Lender Name

Hometown Bank

Servicing Lender Address

142 N Water St

Servicing Lender City

KENT

Servicing Lender State

OH

Servicing Lender Zip

44240-2419

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kent

Project County Name

SUMMIT

Project State

OH

Project Zip

44240

CD

OH-13

Jobs Reported

267

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999997.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

86390

Originating Lender

Hometown Bank

Originating Lender City

KENT

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2016888.89

Forgiveness Date

12/13/2021

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